Lithium prices to rise in 2021 on strong EV sales: Platts survey

摘要

China's demand for battery grade lithium carbonate and hydroxide is expected to increase in 2021 on stronger electric vehicle sales, pushing domestic prices higher, according to S&P Global Platts' China Battery Metals Outlook for 2021. Some 96% of respondents expected China's demand for lithium metals to rise further this year, with stimulus measures expected to boost demand for EVs, while 91% and 78% of market participants canvassed thought China's battery grade lithium carbonate and hydroxide prices will be higher this year than last.